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Question: 1 / 815

What technique is used to identify uncertainties in proposed solutions?

Benchmarking

Cost-benefit analysis

Environmental impact

Risk analysis

The technique used to identify uncertainties in proposed solutions is risk analysis. This process involves assessing potential risks that could impact the success of a proposed solution and understanding the uncertainties associated with it. Risk analysis helps identify, evaluate, and prioritize potential risks, enabling business analysts to create mitigation strategies and make informed decisions.

By conducting a thorough risk analysis, teams can gain insight into what aspects of the proposed solution are uncertain or may lead to project challenges. This includes analyzing variables such as market fluctuations, technology adoption, regulatory changes, and other factors that may affect implementation and outcomes.

Other techniques mentioned, like benchmarking and cost-benefit analysis, are useful for different purposes, such as comparing performance or assessing financial viability, but they do not specifically focus on identifying uncertainties associated with risks. Environmental impact assessments are geared towards understanding the ecological implications of projects, rather than evaluating uncertainties in proposed solutions. Thus, risk analysis stands out as the appropriate technique for this purpose.

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